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Re: Pink Current post# 10287

Sunday, 09/14/2014 8:32:06 AM

Sunday, September 14, 2014 8:32:06 AM

Post# of 39284
Insight and Nyheter exemplify a problem that originates in the company's strategy to establish new ventures under co-ownership. UCP too many times makes concessions to other part owners once the business is established successfully. They take the risk of a new venture, but don't let it generate max returns before divesting. UCP sold 9% in In Sight last year to please majority owners (who wished to get more of the profitable company) and they sold Nyheter to please management to better grow the company going forward.